Sentio Insight has provided financial due diligence to Radius Payment Solutions, the leading service provider to the fleet and logistics market, on their acquisition of award-winning, independent telecoms specialist, Pure Telecom.
Based in Shrewsbury, Pure Telecom has built up an excellent reputation over many years in the telecoms market, providing a full range of business solutions supported by outstanding customer service to SMEs across the UK.
This acquisition follows Radius’ initial expansion into the telecoms market in October 2018, when it bought the leading independent service provider in mobile and fixed-line communications, Adam Phones. Adding Pure Telecom to Radius’ portfolio helps Radius offer an increasingly comprehensive suite of products to suit any business’ requirements.
Bill Holmes, Chief Executive of Radius, added: “Radius has acquired a highly reputable business in a sector where we see huge potential for an offering to our core customers alongside their fuel cards and telematics products. We look forward to working with the team at Pure Telecom to build a successful telecoms division within the Radius group.”
Financial due diligence for Radius was carried out by Ian Robinson and Tom Hayes from Sentio.
